Buyout firms’ contrasting outcomes linked to handling of risky succession from founding partners
The firms that used the era of cheap money to become the new financial titans are wrestling with rising interest costs
A lot of capital is being sought relative to its market value, but investments should bear fruit soon
Virginia’s Republican governor has become the dream candidate for many in the donor class
Cambridge-based creator of titles including ‘RuneScape’ had been seen as a candidate for London listing
Chief executive Harvey Schwartz vows to be ‘disciplined’ in plotting recovery for buyout group
Companies with challenged business models that take on expensive debt can be good bets
Plus, Carlyle throws a lifeline to iRobot and Jeffrey Epstein continues to haunt Wall Street
Blue-chip companies bypass banks and bond markets to borrow from industry with $1.4tn war chest
Carlyle-backed group in European sector’s biggest cash deal for almost a decade
Plus, Carlyle struggles to plug its valuation gap and the downfall of Bed Bath & Beyond
Harvey Schwartz said buyout group’s valuation did not match power of its brand and could be corrected by growing assets
New CEO of private equity group holds extensive reviews with executives in prelude to anticipated shake-up
Decision takes Wall Street by surprise after private equity firm lined up billions in financing to buy a 50% stake
Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio
Apollo and Blackstone among those poised to provide $5.5bn of debt to buyout group for purchase of 50% stake in Cotiviti
Plus, JPMorgan resists efforts to depose Dimon and legal clients prolong the cheque
Offer would roll half of sale proceeds from older vehicle into new one
Peter Clare was chief investment officer of group’s $105bn private equity division
Former Goldman Sachs executive must restore investor confidence after protracted turmoil
Trend underlines pressure on Harvey Schwartz after he was appointed to the top job this week
Leadership void at private capital firm was one reason fourth quarter fundraising pulled in only $5bn
Plus, the Rothschilds take their investment bank private and shareholders oust Eurazeo’s CEO
Five-year performance-based package is among the most generous on Wall Street
Wall Street veteran takes helm at private equity group that has lagged behind rivals in recent years
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